(FeaturedHeadlines.com) – Liberal Congresswoman Maxine Waters coerced Chairman of the Federal Reserve, Jerome Powell, to praise the controversial Diversity and Inclusion programs.
During Powell’s hearing at the House Financial Service Committee, Waters asked Powell if he was aware of the ongoing efforts against the DEI programs all over the country.
Powell responded that he and the Federal Reserve are completely focused on its core job of increasing employment and bringing inflation down, although he acknowledged that he supports diversity in any working environment.
Waters, who did not seem satisfied with the answer, asked Powell if anti-DEI programs stop the Fed from reaching its goal of low unemployment. Powell answered that he was a private employee for most of his life and has consistently observed that respecting diversity and inclusion is one of the primary reasons behind the success of most companies, as employees from different backgrounds bring a diverse range of perspectives to the table, adding that this is how he feels about diversity as a Fed chairman.
The congresswoman was still unsatisfied with Powell’s remarks and again asked him if DEI programs help in reducing unemployment. This time, visibly frustrated Powell replied that these initiatives are “generally progress.”
The DEI wave that swept through corporations, government sectors, and educational institutions has largely been revoked across the United States after a series of anti-discrimination lawsuits.
The House Office of Diversity and Inclusion (ODI), which came into existence in March 2020, was also disbanded earlier this year as a result of the government funding cuts, which left many liberals, including Waters, furious.
At the time, Waters stated that she was disappointed to see an important office, that clearly represented the true makeup of American society, being revoked. She also noted that diverse members of the ODI played a critical role in the working of Congress and the advancement of many important bills.
Waters also created a Diversity and Inclusion Subcommittee under the House Financial Services Committee, which critics believe is an attempt to rejuvenate a dying cause.
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